ROSS STORES, INC.

Ross Stores, Inc. operates two brands of off-price retail apparel and home fashion stores: Ross Dress for Less and dd's DISCOUNTS. As of January 31, 2026, Ross is the largest off-price apparel and home fashion chain in the United States, with 1,904 locations across 44 states, the District of Columbia, Guam, and Puerto Rico. Ross offers first-quality, in-season, brand name and designer apparel, accessories, footwear, and home fashions for the entire family, with savings of 20% to 60% off department and specialty store regular prices daily. Ross primarily targets middle-income households. The company also operates 363 dd's DISCOUNTS stores in 22 states as of January 31, 2026. dd's DISCOUNTS features more moderately-priced, first-quality, in-season apparel, accessories, footwear, and home fashions for the entire family, with savings of 20% to 70% off moderate department and discount store regular prices daily. These stores are typically located in established shopping centers within densely populated urban or suburban neighborhoods, targeting customers from lower to more moderate income households. Both Ross and dd's DISCOUNTS brands aim to serve value-driven customers. The company's strategy focuses on maintaining recognizable brands at strong discounts, meeting local customer needs, providing an expected off-price shopping experience, and managing real estate growth across its markets.